It's a significant rating factor.  

Valid reasons might include increased operating costs, property improvements, or market trends.Fairness and market rates: Rent increases should generally be reasonable and in line with market rates for similar properties in the area.

Examples include notable investments in property upgrades aimed at revitalizing tenant interest, highlighting resilience amid adversity.As the commercial real estate sector navigates through unprecedented challenges, banks, lenders, and investors adopt varied strategies to navigate the turbulent waters.

This includes maintenance costs, property taxes, insurance, utilities, and any other expenses associated with owning and operating the apartment complex.

Once I got an inspector in there, a lot of issues came up.Not to mention, seems like every single of their properties is priced at exactly the 1% rule - meaning negative cash flow if you factor in vacancy, taxes, and repairs. 

Therefore, prospective condo buyers should carefully consider these factors before making a purchase decision.

The risk you run with this model though is you would risk being over leveraged since your using 100% debt, and you would need the property to have a high cashflow amount each month to cover Capex, insurance, debt service, and your normal expenses associated with the property (property management included).

All of those factors must be carefully considered when making a decision. 

After revising the bid to include one-liners detailing the work and materials, I'm now awaiting further feedback.

Nothing will be up to code including the slab.